Business News In Nigeria
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Police supports CBN and start apprehending Nigerians who are selling and spraying naira
The Nigeria Police Force (NPF) began the process of apprehending naira dealers and abusers around the nation on Friday. According…
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CBN Approves Over-the-Counter Payment of New Naira Notes
Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), gave deposit money banks (DMBs) yesterday instructions to start…
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APC governors reject the deadline for outdated naira notes
They also informed Emefiele that it was obvious the CBN could not distribute the new notes while the old naira…
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Fidelity Bank grows profit to N52bn in 2022
For the entire year 2022, Fidelity Bank Plc. has declared an outstanding increase in Profit Before Tax to N52 billion.…
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CBN educates traditional leaders, communities, and markets in Ebonyi on cash swaps.
The weekend saw the Central Bank of Nigeria (CBN) visiting traditional chiefs, local markets, and villages throughout Ebonyi State to…
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Syndicates gets arrested by DSS for selling new naira notes
Several people engaged in the selling of the new naira notes have been detained, according to a report released on…
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New naira: Reps oppose CBN extension as rage over scarcity grows
The Central Bank of Nigeria declared on Sunday that it would phase out obsolete currency notes by February 10; however,…
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CBN starts exchanging old naira notes in Sokoto
To reduce citizens’ tension, the Central Bank of Nigeria branch in Soko State has started exchanging old naira notes for…
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Resumption of the Abuja-Kaduna train service is greeted by a low passenger turnout.
After being suspended for eight months as a result of a terrorist attack, the Federal Government confirmed through the Ministry…
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THE VALUE OF NAIRA FALLS AGAINST THAT OF THE US DOLLAR.
Naira fell against the U.S. dollar at the parallel market Wednesday, days after CBN adopted the Nafex exchange rate. The…
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